New U.S. Sanctions Bill Targets Russia's Oil Exports and Shadow Fleet

A bipartisan group of US senators on July 14 introduced the Sanctioning Russia Act of 2026, unveiling a revised package of sanctions and tariffs aimed at squeezing Moscow's war finances while seeking to overcome concerns that had stalled earlier versions of the legislation. The bill, which has gathered more than 26 bipartisan co-sponsors, with supporters expecting that number to quickly grow, has taken on added political significance following the sudden death of Senator Lindsey Graham of South Carolina, one of its chief architects, over the weekend.…